Navigation Links
Augmented Reality & Virtual Reality Market is Growing at a CAGR of 15.18% & will Reach 1.06 Billion by 2018 - New Report by MarketsandMarkets
Date:7/30/2013

(PRWEB) July 30, 2013

According to a new market research report "Augmented Reality & Virtual Reality Market - By Technology (Mobile & Spatial AR, Semi & Fully Immersive VR); By Sensors & Components (Accelerometer, Data Glove, HMD, ICs); By Applications (Medical, Military, Gaming), By Geography (2013 - 2018)" is expected to grow at a CAGR of 15.18% from 2013 to 2018 and reach 1.06 billion in 2018. The data mentioned is for dedicated augmented reality and immersive virtual reality systems only. A separate analysis for mobile based AR and non immersive VR was done.

Browse:

  • 86 Market Data Tables
  • 39 Figures
  • 254 Pages and In-Depth Table of Content “Augmented Reality Market and Virtual Reality Market”

http://www.marketsandmarkets.com/Market-Reports/augmented-reality-virtual-reality-market-1185.html

Early buyers will receive 10% customization on this report.

Augmented reality is a thriving technology where digital data merges with the real world. This technology superimposes the real world with computer generated data that completely changes the user experience. It changes what we hear, feel and see. The augmented reality technology uses virtual reality to amend with the real world.

The augmented reality technology has shown ubiquitous growth in mobile phone technology featured with a camera and a GPS (Global Positioning System), which allow the users to experience the technology beyond their anticipation. By 2015, the augmented reality technology will be widely used in the education field for advanced learning and for teaching technologies.

The overall augmented reality and virtual reality market is segmented into four major segments, namely: AR & VR components and sensors, AR & VR technology, AR & VR application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately described in the report.

The global dedicated devices augmented reality market is expected to reach $659.98 million by 2018, whereas the immersive virtual reality market is expected to reach $407.51 million by 2018. The mobile based augmented reality and non-immersive virtual reality market analysis is done separately to maintain the mutual exclusiveness of data sets.

The major driving force of augmented reality technology and virtual reality is the advancement in computer technology and internet connectivity. The increased demand in virtual reality and augmented reality application in the healthcare industry is a direct cause for a tremendous growth in the AR & VR markets. The other driving force for virtual reality and augmented reality technology is the consumer demand in the m-commerce industry.

The technology used in augmented reality applications, i.e. marker-less, is at the apex and is expected to grow rapidly. The major driving factor in this marker-less is the use of GPS and compasses, which are used commonly in smart phones. The technology used in virtual reality application, sensors used, the emerging trends like goggles, contact lenses, and further opportunities are described in detail in the report.

The geographical split for every application is included in the report as the market share of different applications of augmented reality and virtual reality market varies from one region to another. This report describes the overall market into four major geographical segments, namely, North America, Europe, APAC, and ROW. North America and Europe are the market leaders in the overall augmented and virtual reality market, followed by APAC. In ROW, the Middle East and Africa are coming up with this technology because of its benefits in wide range of applications.

The major companies included that offer AR & VR technology in various applications are:

  • Total immersion (France)
  • Qualcomm Inc (U.S.)
  • Metaio GmBH (Germany)
  • Vuzix Corporation (U.S.)
  • Layar B.V (The Netherlands)
  • Wikitude GmBH (Austria) and so on.

Buy a copy of this report @: http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1185

Download a Free Brochure @: http://www.marketsandmarkets.com/pdfdownload.asp?id=1185

Find related Reports to the Semiconductor and Electronics Market @ - http://www.marketsandmarkets.com/semiconductorand-electonics-market-research-87.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales (at) marketsandmarkets (dot) com
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at http://www.prweb.com/releases/augmented-reality-virtual/reality-market/prweb10973270.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. EliNext Completes Development of a Series of Virtual Reality Interactive 5D Simulation Games on Unity 3D
2. New stroke treatments becoming a reality
3. Virtual reality simulator helps teach surgery for brain cancer, reports Neurosurgery
4. Womens body talk: Perception stronger than reality?
5. Virtual reality could help people lose weight, fight prejudice
6. Kessler Foundations Dr. Chiaravalloti to speak at Virtual Reality Symposium at Walter Reed
7. Virtual reality and robotics in neurosurgery -- promise and challenges
8. Fans of Reality Beauty Shows Twice as Likely to Tan: Study
9. Leftback Publishing Touts Book that Puts Reality in Perspective for Soccer Parent and Players
10. Hearing-loss-prevention drugs closer to reality thanks to new UF test
11. Introducing more patient reality into NHS spending decisions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2017)... , ... June 25, 2017 , ... Republicans in the ... and replace Obamacare, called the Better Care Reconciliation Act. It differs significantly from the ... will need to be reconciled in committee, or the House will have to take ...
(Date:6/25/2017)... ... ... Men’s Health Month and the focus is on prostate cancer. Second only to ... the third most common cause of cancer related death today; lung cancer remains in the ... with prostate cancer during his lifetime. Those at highest risk are men who ...
(Date:6/24/2017)... ... June 24, 2017 , ... The weather is heating ... outdoors. Home and business owners should be aware that the summer months provide more ... fact, mechanical locks and keys can be negatively affected from direct exposure to the ...
(Date:6/23/2017)... , ... June 23, 2017 , ... By scoring 100% ... ninth consecutive four-star rating from premier online charity evaluator, Charity Navigator, validating ANRF's work ... 1% of all charities reviewed by Charity Navigator and earns ANRF a spot on ...
(Date:6/23/2017)... ... June 23, 2017 , ... Dr. Ran Y. ... has recently begun offering three new minimally invasive procedures to patients who want ... reducing downtime, Dr. Rubinstein is excited to bring microneedling, microneedling facials, and platelet ...
Breaking Medicine News(10 mins):
(Date:6/14/2017)... 2017  ivWatch LLC, a medical device company focused ... therapy, is pleased to announce it was the Bronze ... Supplies and Equipment at the 2017 Medical Design Excellence ... industry. The award was presented by Medical Device and ... in New York during MD&M ...
(Date:6/11/2017)... 2017  Eli Lilly and Company (NYSE: LLY ... studies of galcanezumab, an investigational treatment for the prevention ... several key secondary endpoints for galcanezumab compared to placebo ... (EVOLVE-1, EVOLVE-2 and REGAIN) will be presented today at ... Boston . "The ...
(Date:6/8/2017)... ANGELES , June 8, 2017   Responding to ... drug oversight and the death of singer Chris Cornell ... on Human Rights International offers a free online ... better educate consumers and families about psychotropic drug risks. ... Ledger , who died from an accidental overdose, has called ...
Breaking Medicine Technology: